Mexico Proposes Bill to Regulate Online Gambling
May 20th, 2013 by
Mexico lawmakers are considering a new bill that could legalize online gambling. The new bill would override the 1947 law that currently regulates the country’s gambling industry. Senator Maria Espinoza, the bill’s sponsor, is confident that the new law would be beneficial to the nation’s economy.
Espinoza said that the existing law is outdated. She said that the new bill will make it easier for regulators to oversee companies that are providing gambling via the Internet. She said that the new law would also help the government shut down a number of companies that engage in money laundering and other illegal activities.
The new bill calls for the establishment of a National Gambling Commission. The new regulator would be responsible for reviewing new licenses and ensuring gaming providers adhere to the new laws. The NGC would also be responsible for investigating player complaints. Players would have to submit their complaints within a specified time frame to have any recourse. The current draft of the bill stipulates that the government would need to create the new regulator within six months.
The new law would also bar some citizens from being able to gamble. These citizens may have voluntarily requested being banned from online gambling or they may have been incompetent by a court.
The new law would be a significant move towards legalizing online gambling in Mexico, but it could carry consequences for many gaming providers. The law stipulates that companies must hold a license for a land based casino to be eligible to provide online gaming. Some critics have said that the bill is draconian because it would force many providers that already offer online gaming to Mexican citizens to leave the market.
Claim Free Blackjack Bonuses at Bet-at Casino
May 15th, 2013 by
All gamblers love winning large jackpots while playing their favorite games of roulette and blackjack, but the pleasure is more intense if they win jackpots while wagering free casino money, not their own hard-earned cash. Bet-at.eu Casino is actually giving blackjack players a chance to win large blackjack jackpots with free money.
If players register a real play account at Bet-at Casino in May, they will receive a grand free bonus on their first deposit amounts, which they can use to play their favorite table games, including blackjack.
Every day, Bet-at.eu Casino will give away a different match deposit bonus. On Wednesday, the online casino is giving away a cash match bonus of 50 percent and will then raise it by 25% each day till it becomes 150 percent on Sunday. Players can claim as much as $500 every day or a total of $2,500 throughout the promotion. This translates into plenty of free casino money, which players can use to play blackjack games at Bet-at.eu Casino.
Bet-at.eu Casino is home to attractive bonuses and promotions, great games, and excellent rewards for loyalty. The online casino is packed with attractive features, including a number of payment options, and processes payout requests quickly.
Carbon Casino to Run $2k Guaranteed Blackjack Tournament
May 13th, 2013 by
Carbon Casino has announced that it will run a $2,000 guaranteed blackjack tournament on May 12, which happens to be a Sunday, without any prize pool rollovers. The online casino plans to run many more tournaments throughout 2013 and the $2k guaranteed blackjack tournament happens to be the first event on schedule.
The casino will reward the top 15 players of this tournament with attractive cash prizes and the top player can take home the first place prize of $500.
In order to get a prize, players have to play at least 50 rounds of real money standard blackjack and wager at least $100 in real money. Players do not have to register to take part in this promotion. For instance, if a player places fifty $2 bets at a standard blackjack table, they will be considered eligible to take part in this tournament, and the fifteen players who get the top payout percentages will win attractive cash prizes.
Payout percentages are calculated for all blackjack games played on May 12, Sunday. Interested players can gain access to Carbon Casino’s standard blackjack tables from the poker lobby or the casino website. Players only need to register a real play account at Carbon Casino.
DOJ Begins Forfeiting Ray Bitar’s Assets
May 8th, 2013 by
Ray Bitar, the founder of Full Tilt Poker, struck a plea bargain with the United States Department of Justice earlier this month. The resolution stipulated that Bitar would be released for time served. However, the DOJ will seize assets that Bitar acquired by illegally providing online poker to players in the United States after the Unlawful Internet Gambling Enforcement Act was passed.
Bitar will be forfeiting all the money he holds in nearly 20 different bank accounts around the world. He will also need to surrender a variety of properties he purchased with the profits he made from operating Full Tilt. These include a $3 million house that he owns in California and a timeshare for a golf resort in Bermuda with an estimated value of $400,000.
The Department of Justice also wants to prohibit Bitar from offering online poker services in the United States again. Bitar will also be required to surrender all equity and ownership rights for Full Tilt Poker and all affiliated companies.
The DOJ filed the forfeiture order early last week. DOJ officials have demanded financial documents for nine different businesses that Bitar owns. He is the partner in RCR Pictures, a Beverly Hills film production company that he opened with Chris Robinson and Robin Schorr in 2010. He also holds equity in a real estate development company, two landscaping companies and at least five other companies throughout the country.
Bitar may be required to forfeit shares equity he holds in other businesses if the DOJ can show that he purchased a stake in those firms with money he earned through Full Tilt Poker.
Free Online Casino Setup By Saginaw Chippewa Tribe
May 6th, 2013 by
The Soaring Eagle Casino in Michigan recently entered into a strategic partnership Aristocrat Technologies, a gaming technology company that is based out of Australia. Aristocrat currently supplies the software for the Casinos 4200 electronic gaming devices and this partnership will now result in Aristocrat building an online casino for the Soaring Eagle Casino.
This new online casino will link to the brick and mortar establishment in Michigan and will leverage nLiveLink”, which is the innovative solution from Aristocrat. In a statement, Kelly Shaw, Aristocrat VP of System Sales said “We are thrilled that Soaring Eagle Casino & Resort has chosen to expand their relationship with us in the online space. We are thrilled that Soaring Eagle trusts us to take their incredible brand online”.
The Soaring Eagle Casino is run by the Saginaw Chippewa Indian Tribe and is now Aristocrat’s fourth partner in the US who has decided to leverage its innovative nLive product. This is a strategic partnership as it will be the biggest online tribal casino project till date. The online casino will offer players a number of games including the popular ones such as online blackjack, online poker and roulette.
Soaring Eagle Casino & Resort Confirms that Aristocrat Will Develop Its nLive Online Virtual Casino Solution
May 3rd, 2013 by
Soaring Eagle Casino & Resort which is a popular Tribal gaming operator recently hired Aristocrat to create its new nLive online casino site. This deal will mean that the Soaring Eagle Casino & Resort is now the fourth site that will be powered by Aristocrat’s innovative nLive solution.
In a release, Soaring Eagle Casino & Resort Director of Marketing and Entertainment Raul Venegas said, “Aristocrat has been a valued partner of Soaring Eagle Casino for many years, and as we embrace new technology and prepare for the next phase of our business ventures, we are very happy to have Aristocrat working side by side with us.”
Voted as a Casino Journal’s Top 20 Most Innovative Gaming Technology Product for 2011, the The nLive solution was the only Internet Gaming System to make the list.
nLive’s play-for-fun casino providers players with a large variety of online games including the popular ones such as Miss Kitty, More Chilli, Queen of the Nile and Sun and Moon; 5 Dragons, 50 Lions, Big Red, Imperial House and table games like card keno, jacks or better, pro blackjack, hi lo solitaire and roulette.
Celebrities to be Blackjack Dealers at Pacificans Care Casino Night
April 29th, 2013 by
Prominent celebrities such as Quentin Kopp, the judge; Sandie Arnott, tax collector for San Mateo County; Kevin Mullin, the assemblyman; Steve Paterson, community division publisher for BANG/Tribune; and Mike O’Neill, the council member, will deal blackjack cards at the Pacificans Care’s Casino Night, which is scheduled to be held on May 4, Saturday.
The event will be held between 7:00 p.m. and 11:00 p.m. at Visions Seaside Spa. Exciting games such as roulette, craps, and poker will be held. The highlights of the Casino Night will be a Truffle Raffle, a Horse Race table, and a Texas Hold’em tournament, along with a silent auction, mouth-watering desserts and food, and plenty of prizes.
The proceeds will be donated to Pacifica Resource Centre, Pacifica Senior Services, Youth Service Bureau, and Pacifica Child Care Services.
Those who attend the event and take part in the silent auction stand the chance of winning attractive gifts such as getaway packages, gift baskets, dinners, massages, wine, gift certificates, and spa services sponsored by local businesses and supporters of Pacificans Care. Those who take part in roulette, poker, blackjack, and other casino games will win fabulous prizes such as weekend packages to Lake Tahoe.
Wall Street Analysts Say That Pennsylvania Should Open A New Casino
April 24th, 2013 by
The first casino that opened its doors in Pennsylvania was back in 2006. Ever since then, the popularity and rise in gambling has increased considerably and now Wall Street analysts suggest that Philly should go ahead and authorize the opening of a second brand new casino.
In the past, Las Vegas took the first place for gambling revenues in the nation, followed by Atlantic City. However, all that has changed as Pennsylvania has knocked Atlantic City of the chart and is now in second place.
Recently, at the Pennsylvania Gaming Congress, John Maxwell, a Wall Street gaming analyst said “You’re going to see more casinos in New York . . . and possibly gambling in the Meadowlands. As far as Pennsylvania, we believe the market will continue to see strong growth. Demand exceeds supply here, and there is room for more supply.”
Maxwell was one of the five Wall Street Analysts who expressed their views and suggestions at the Pennsylvania Gaming Congress. Their comments might well be considered because the numbers and stats back up their opinion. Stats reveal that gross gaming revenue in 2006 was $454 million and in 2012, it was $3.1 billion. This also meant that the overall state tax revenue went up from $250 million to $1.4 billion.
Singapore’s Marina Bay Sands Gets 3 years License Approval From The Casino Regulatory Authority of Singapore
April 22nd, 2013 by
The Marina Bay Sands Casino recently announced that it has successfully renewed its casino license from the 26th of April 2013. The casino had sent in its application for renewal of its license and was granted a 3 year validity by the Casino Regulatory Authority of Singapore (CRA).
The renewal and extension of a casino license it dependant on a number of factors. CRA confirmed that one of the main points that came into consideration was Marina Bay Sands adherence to all of the rules and regulations imposed by the CRA.
The CRA granted a 3 year renewal to MBS but also insisted that it is important for MBS to continue to increase and carefully monitor its operations to ensure that the casino meets all criteria imposed by Singapore law.
A representative from the Marina Bay sands said that they were happy with the renewal and will look forward to increasing its presence and operations in the region. The representative said “MBS looks forward to continuing to contribute to Singapore’s economy, to provide jobs for Singaporeans and to conduct its business with integrity and in compliance with Singapore’s laws and regulations”.
Florida Senate Moves Forward With Plan to Ban Sweepstakes Gambling
April 17th, 2013 by
The Florida Senate’s Rules Committee has passed a bill earlier today that would ban internet cafes. The new legislation has been referred to the full Senate. The Senate could approve the bill by the end of the week. The new bill is very similar to a version that the House passed a week ago. Both bills would prohibit any business from operating an electronic slot machine that offers prizes worth over 75 cents. This limitation would force every internet café in the state to shut down.
Some retailers have circumvented the state’s gambling laws by providing electronic slot machines in their places of business. Lawmakers are working to eliminate various storefront gambling operations.
The issue was first raised over a year ago, but lawmakers have a higher sense of urgency after a recent scandal involving the Lt. Governor Jennifer Carroll and a number of workers with the Allied Veteran Group. Carroll has since resigned from her position and nearly 60 other people were indicted.
Online gaming advocates are concerned that this new bill would deter Florida lawmakers from passing a future bill that would legalize online poker. The bill doesn’t specifically mention online gaming, but it broadly defines slot machines as any electronic device used for gambling purposes. Experts warn that this definition could be extended to cover computers and mobile devices accessing online gaming sites.
Senior groups are also opposed to the new bill. They have called for lobbyists to attend a protest in the state capital. They hope that they can encourage lawmakers to make an exception for arcades that are built specifically for their demographic.
